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Balance. A look at the May REBGV numbers

Balance. A look at the May REBGV numbers

I want to discuss the stats for May, and how they fit with previous months and years. It is clear that sales went up, but why? Let's see what the numbers can tell us. ...
What is delayed may happen later. What do stats today tell us about tomorrow?

What is delayed may happen later. What do stats today tell us about tomorrow?

The questions I want to answer are the following:
1)There are two price indices available, the House Price Index posted by the CREA, and the Teranet Index. How do they compare?
2)What is the correlation between the Sales to Active Listing Ratio and the price indices?
3)What is the seasonality for sales, inventory and Sales to Active Listing Ratios for the REBGV? ...
Stats don’t lie… Above or below assessed?

Stats don’t lie… Above or below assessed?

What is the percentage of units selling above or below assessed? ...
Evaluate and assess

Evaluate and assess

Are units, on average, selling above or below their assessment price? ...
Stats don’t lie… Above or below asking?

Stats don’t lie… Above or below asking?

WYSIATI (what you see is all there is) basically explains how quickly we jump to conclusions when presented with very limited data. We assume that what we see is representative of the rest of the data, extrapolate, and jump to a conclusion. ...
Down down… Vancouver Real Estate trend in March

Down down… Vancouver Real Estate trend in March

Despite common belief that the real estate in Vancouver would pick up in the spring, that was not the case. March sales were the lowest they have been in 33 years, and inventory is picking up. ...